09:56 AM EST - Wescast Industries Inc. : announced that, in connection with its previously-announced strategic alternatives review, Wescast has entered into an arrangement agreement with Sichuan Bohong Industry Co., Ltd. of China pursuant to which Bohong, through its wholly-owned subsidiary, Taixing International Investment Limited, would acquire, by way of a plan of arrangement under the Business Corporations Act (Ontario), 100% of the issued and outstanding capital of Wescast. Wescast Industries Inc.
shares T.WCS.A are trading unchanged at $5.60.
